According to catastrophe modeling firm AIR Worldwide, Typhoon Sanba made landfall on September 17 just before noon local time (3:00 UTC) in South Gyeongsang Province on the southern coast of South Korea. Maximum sustained winds at landfall were around 150 …
According to catastrophe modeling firm AIR Worldwide, Typhoon Bolaven made landfall on northern Okinawa around 12:00 UTC on August 26, as a strong category 3 typhoon, as calculated by the Japan Meteorological Agency (JMA). It also reported minimum central pressure …
General Re, a unit of Warren Buffett’s Berkshire Hathaway Inc, is interested in buying South Korea’s Tong Yang Life Insurance to tap into the promising market, South Korean media reported on Wednesday. Tong Yang’s majority stakeholder Vogo Fund is seeking …
South Korea’s Hanjin Shipping was re-routing some of its container vessels due to the unrest in Egypt that has disrupted dry-dock operations at several ports, its chief executive said on Tuesday. Seaborne traffic through Egypt’s Suez Canal continued to run …
